ASR 0.00% 0.5¢ asra minerals limited

Ann: SUCCESSFUL OPTION ENTITLEMENT ISSUE CLOSES OVERSUBSCRIBED, page-8

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  1. 5,711 Posts.
    lightbulb Created with Sketch. 4574
    Bas, it's good they did not go to 436m options as per the expansion notification a few days back and kept it close to original.

    That's means 100m less options going forward, having less option is important for lower soi later.

    To the tune of 3.5m lower cap alone at 3.5c at 10c, 10m
    We want good cap, but good sp.

    I congratulate them for doing this. It was a beef mine.

    Going forward, I do believe bullionfx will work and that can provide 50m plus funding into the future.

    Just reminds one, if that occurs tnr at 27m caip is oversold.

    Naturally less options means we as people make less now. But if we are here for longer term, we will do better.
 
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